Category Archives: Uncategorised

Significant changes are coming to Statutory Sick Pay (SSP) on the 6th April 2026! This is designed to make the system fairer and more accessible for employees across the United Kingdom. These reforms represent one of the most notable updates to sick pay entitlement in recent years and will have important implications for both employers […]

For many people, pensions are seen as something to think about later in life rather than as part of annual tax planning. In reality, reviewing pension contributions before the end of the tax year on 5 April can be one of the most effective ways to reduce a current tax bill while also strengthening long-term […]

As the tax year draws to a close on 5 April 2026, this is a timely reminder to review your pension contributions and consider whether a top up before the year end would be beneficial. Pension contributions remain one of the most tax-efficient ways to save for the future, and unused allowances are lost once […]

Are you ready for Making Tax Digital for Income Tax (MTD for IT)? This new way of reporting will become mandatory in phases from April 2026. If you are self-employed or a landlord earning over £50,000, now is the time to prepare for digital record keeping, quarterly updates and the new penalty system that will […]

Tackling fraud in the Construction Industry Scheme (CIS) was one of the measures addressed in the recent Budget. The changes are intended to allow faster intervention where fraud is suspected, while also simplifying certain administrative aspects of the CIS. From 6 April 2026, HMRC will be able to act immediately where a business makes or […]

1 February 2026 – Due date for Corporation Tax payable for the year ended 30 April 2025. 19 February 2026 – PAYE and NIC deductions due for month ended 5 February 2026. (If you pay your tax electronically the due date is 22 February 2026) 19 February 2026 – Filing deadline for the CIS300 monthly […]

The government recently announced significant changes to the planned reforms to Agricultural Property Relief (APR) and Business Property Relief (BPR). The threshold for 100% relief will be increased from £1 million to £2.5 million when the changes take effect from 6 April 2026. The change will be introduced via an amendment to the Finance Bill 2025 with […]

CGT on certain UK residential property sales often has a strict 60-day reporting and payment deadline, so early planning can avoid penalties. If you are selling a second property, such as a buy-to-let or a former home that is no longer your main residence, CGT will usually apply. This is different from selling your main […]

Many people assume that Income Tax in the UK is charged at simple headline rates of 20 percent and 40 percent. In practice, this is not always the case. Once certain income thresholds are crossed, additional charges and withdrawals of allowances can apply, pushing the effective marginal tax rate well above the standard bands. There […]